Unusual Machines, Inc. (NYSEAMERICAN:UMAC – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 10,800 shares, an increase of 237.5% from the September 30th total of 3,200 shares. Based on an average daily volume of 97,700 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.3% of the company’s stock are sold short.
Unusual Machines Trading Up 3.9 %
Shares of UMAC stock traded up $0.06 during mid-day trading on Friday, reaching $1.61. 36,430 shares of the company were exchanged, compared to its average volume of 120,017. The company has a debt-to-equity ratio of 0.20, a current ratio of 5.50 and a quick ratio of 2.58. Unusual Machines has a fifty-two week low of $0.98 and a fifty-two week high of $5.54.
Unusual Machines (NYSEAMERICAN:UMAC – Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.16) EPS for the quarter. The business had revenue of $1.41 million for the quarter.
Hedge Funds Weigh In On Unusual Machines
About Unusual Machines
Unusual Machines, Inc designs, manufactures, and sells ultra-low latency video goggles for drone pilots. It operates a drone-focused e-commerce marketplace. The company serves drone pilots, hobbyists, and recreational services. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc in July 2022.
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